IMMOHALI: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
IMMOHALI
Largest movements
- Receivables within one year +€28,129
up €28,129 (+504.3%), from €5,578 to €33,707
of which Other amounts receivable: +€33,557
- Tangible fixed assets -€15,715
down €15,715 (-14.3%), from €109,846 to €94,131
of which Other tangible fixed assets: -€10,661
- Cash +€13,970
up €13,970 (+70.4%), from €19,854 to €33,825
mainly Trade debts (+€23,730) and Depreciation (+€20,543)
- Trade debts +€23,730
up €23,730 (+338.2%), from €7,017 to €30,746
- Other debts -€11,359
no longer reported in 2025 (was €11,359)
- Reserves +€7,110
up €7,110 (+8.6%), from €82,865 to €89,974
- Tax, wage and social debts +€6,814
up €6,814 (+136.8%), from €4,980 to €11,794
- Gross operating margin +€3,317
up €3,317 (+10.8%), from €30,813 to €34,130
- Taxes +€1,839
up €1,839 (+48.8%), from €3,765 to €5,603
- Depreciation -€732
down €732 (-3.4%), from €21,275 to €20,543
- Other operating charges +€520
up €520 (+162.4%), from €321 to €841
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €135,644 | €162,028 | +€26,384 | +19.5% |
| Fixed assets | 21/28 | €110,212 | €94,497 | -€15,715 | -14.3% |
| Tangible fixed assets | 22/27 | €109,846 | €94,131 | -€15,715 | -14.3% |
| Plant, machinery and equipment | 23 | €3,721 | €2,954 | -€767 | -20.6% |
| Furniture and vehicles | 24 | €12,943 | €8,656 | -€4,287 | -33.1% |
| Other tangible fixed assets | 26 | €93,182 | €82,521 | -€10,661 | -11.4% |
| Financial fixed assets | 28 | €366 | €366 | = | 0.0% |
| Current assets | 29/58 | €25,433 | €67,532 | +€42,099 | +165.5% |
| Amounts receivable within one year | 40/41 | €5,578 | €33,707 | +€28,129 | +504.3% |
| Trade receivables | 40 | €5,578 | €150 | -€5,428 | -97.3% |
| Other amounts receivable | 41 | - | €33,557 | +€33,557 | |
| Cash at bank and in hand | 54/58 | €19,854 | €33,825 | +€13,970 | +70.4% |
| Total equity and liabilities | 10/49 | €135,644 | €162,028 | +€26,384 | +19.5% |
| Equity | 10/15 | €101,703 | €108,813 | +€7,110 | +7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €82,865 | €89,974 | +€7,110 | +8.6% |
| Distributable reserves | 133 | €82,865 | €89,974 | +€7,110 | +8.6% |
| Profit (loss) carried forward | 14 | €239 | €239 | = | 0.0% |
| Amounts payable | 17/49 | €33,941 | €53,215 | +€19,274 | +56.8% |
| Amounts payable within one year | 42/48 | €23,356 | €42,540 | +€19,184 | +82.1% |
| Trade debts | 44 | €7,017 | €30,746 | +€23,730 | +338.2% |
| Suppliers | 440/4 | €7,017 | €30,746 | +€23,730 | +338.2% |
| Taxes, remuneration and social security | 45 | €4,980 | €11,794 | +€6,814 | +136.8% |
| Taxes | 450/3 | €4,980 | €11,794 | +€6,814 | +136.8% |
| Other amounts payable | 47/48 | €11,359 | - | -€11,359 | |
| Accrued charges and deferred income | 492/3 | €10,585 | €10,675 | +€90 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,275 | €20,543 | -€732 | -3.4% |
| Other operating charges | 640/8 | €321 | €841 | +€520 | +162.4% |
| Gross operating margin | 9900 | €30,813 | €34,130 | +€3,317 | +10.8% |
| Operating profit (loss) | 9901 | €9,218 | €12,746 | +€3,528 | +38.3% |
| Financial income | 75/76B | €0 | €45 | +€45 | +451700.0% |
| Recurring financial income | 75 | €0 | €45 | +€45 | +451700.0% |
| Financial charges | 65/66B | €204 | €78 | -€126 | -61.9% |
| Recurring financial charges | 65 | €204 | €78 | -€126 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | €9,014 | €12,713 | +€3,699 | +41.0% |
| Income taxes | 67/77 | €3,765 | €5,603 | +€1,839 | +48.8% |
| Profit (loss) for the period | 9904 | €5,249 | €7,110 | +€1,861 | +35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,249 | €7,110 | +€1,861 | +35.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.